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Activity Discussion Math Profit, Loss and Discount

• # Profit, Loss and Discount

Posted by on June 23, 2023 at 5:00 am

A dealer buys a T.V. set for Rs. 2,500. He marks it at Rs. 3,200 and then gives a discount of 10% on it. Find:

(i) the selling price of the T.V. set

(ii) the profit percent made by the dealer.

replied 3 months ago 3 Members · 2 Replies
• 2 Replies
• ### Triveni

Member
June 23, 2023 at 12:19 pm
0

given,

cost price(CP) of the tv set = 2500/-

marked price(MP)of the tv set= 3200/-

rate of discount=10%

Total discount=3200 x10/100= 320/-

i) Selling price=3200 -320

=2880/-

ii) profit=SP-CP

=2880-2500

=380/-

profit percent= (profit x 100)/CP

=(380 x 100)/2500

=38000/2500

=380/25

=15.2% is the profit percent made by the dealer

Member
June 23, 2023 at 12:43 pm
0

Given:

Mark price = 3,200

i) Selling price = Mark price – Discount

Discount = 10 % of 3,200.

= 10/100 * 3,200

= 320

Selling price = 3,200 – 320

= 2880

ii) Profit percent = Profit / buying price * 100

= 380 / 2500 * 100

= 15.2 %

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